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Markit U.S. Manufacturing PMI™ – final data
Zone(s): USA ¦ Sector(s): Economy (Manufacturing)
- Manufacturing PMI hits three-month high…
- …led by stronger output growth in May
- New export orders increase at fastest pace since July 2013
May data signalled that output growth in the U.S. manufacturing sector continued to accelerate through the second quarter of 2014, supported by another sharp improvement in new business volumes. Greater production requirements and efforts to rebuild stocks of purchases meanwhile contributed to a survey-record increase in input buying during the latest survey period.
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